Spiko has raised $25.0M in total across 2 funding rounds.
Spiko's investors include Accel, Athletico Ventures, Cocoa, First Round Capital, Founders Future, Frontline Ventures, Insight Partners, Khosla Ventures, LocalGlobe, MMC Ventures, Point Nine Capital, Seedcamp.
Spiko is a French fintech startup founded in 2023 that provides a blockchain-powered cash management platform, enabling businesses to earn yield on idle cash through tokenized money market funds (MMFs) backed by government treasury bills.[1][2][3] It serves startups, SMEs, holding companies, real estate firms, freelancers, fintechs, Web3 projects, and individuals, solving the problem of trillions in low- or zero-yield European bank deposits by offering daily interest, full liquidity, zero lock-ups, and seamless transfers in fiat or stablecoins.[1][2][5] With over $400 million in assets under management (AUM) and $900 million in processed working capital from more than 1,000 businesses achieved organically in its first year, Spiko raised a $22 million Series A in July 2025 led by Index Ventures, projecting $1 billion AUM by year-end and eyeing US expansion.[1][2][3]
Spiko was founded in 2023 by CEO Paul-Adrien Hyppolite, COO Antoine Michon—both former French government advisors—and CTO Samuel Briole.[1][3][4] The idea emerged to bridge the gap between Europe's underdeveloped cash optimization ecosystem and the US model, where businesses routinely earn interest on idle cash without sacrificing liquidity, addressing the $25 trillion in idle European deposits.[2] Early traction was rapid and organic: within one year, Spiko became Europe's first to launch an AMF-approved tokenized MMF, secured partnerships with Memo Bank, Fygr, Société Générale–Forge, and Morpho, and hit $400 million AUM without dedicated sales efforts, powered by agile full-stack development on Qovery's Kubernetes platform.[1][2][3][4][6]
Spiko rides the tokenization wave in fintech, democratizing institutional-grade treasury tools amid rising central bank rates and Europe's push for capital efficiency against US competitors.[1][2] Timing aligns with regulatory progress—like AMF approvals—and market forces such as $25 trillion in idle cash, stablecoin adoption, and demand for 24/7 liquidity via protocols like Morpho.[2][6] By onboarding smaller businesses via blockchain, Spiko influences the ecosystem, fostering partnerships with banks (Memo, SG Forge) and software (Fygr), accelerating tokenized finance adoption, and paving the way for US-style yields in Europe while embedding Web3 rails into traditional treasury management.[1][2][3][5]
Spiko is poised to hit $1 billion AUM by end-2025, fueled by Series A investments in sales, marketing, product, and partnerships, with US expansion on the horizon to tap mature markets.[1][3] Trends like tokenized real-world assets, stablecoin interoperability, and AI-driven treasury will amplify its growth, potentially evolving it into a global standard for accessible MMFs. As Europe's cash optimization leader, Spiko exemplifies how blockchain unlocks yields for all business sizes, transforming idle cash from a drag into a strategic edge—just as it began by revolutionizing fintech issuance for overlooked players.[2][6]
Spiko has raised $25.0M across 2 funding rounds. Most recently, it raised $21.0M Series A in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $21.0M Series A | Accel, Athletico Ventures, Cocoa, First Round Capital, Founders Future, Frontline Ventures, Insight Partners, Khosla Ventures, LocalGlobe, MMC Ventures, Point Nine Capital, Seedcamp, Stride VC, Adrien Montfort, Charlie Songhurst, Claire Hughes Johnson, Frederic Montagnon, Harsh Sinha, Jean Charles Samuelian, Valentine Baudouin | |
| Jun 1, 2024 | $4.0M Seed | 360 Capital Partners, Athletico Ventures, Cocoa, Founders Future, Motier Ventures, NewFund, XAnge, Adrien Montfort, Frederic Montagnon, Harsh Sinha, Jean Charles Samuelian, Jonathan Widawski, Nicolas Steegmann, Sebastien Borget, Thibaud Elziere, Valentine Baudouin |
